Origin of Wall Street’s Plunge Continues to Elude Officials

A day after a harrowing plunge in the stock market, federal regulators were still unable on Friday to answer the one question on every investor’s mind: What caused that near panic on Wall Street?

Through the day and into the evening, officials from the Securities and Exchange Commission and other federal agencies hunted for clues amid a tangle of electronic trading records from the nation’s increasingly high-tech exchanges.

But, maddeningly, the cause or causes of the market’s wild swing remained elusive, leaving what amounts to a $1 trillion question mark hanging over the world’s largest, and most celebrated, stock market….

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Economy, Science & Technology, Stock Market

One comment on “Origin of Wall Street’s Plunge Continues to Elude Officials

  1. Bystander says:

    We could be looking at a long predicted cyber attack. What a perfect way to destroy our capitalistic system.